Posted on Wednesday, 25th January 2012 by Jesse Walker
THE world will face a “1930s moment” of the kind that brought on the Great Depression unless money can quickly be found to support nations such as Italy and Spain, the International Monetary Fund says. Before releasing dramatically downgraded economic forecasts early this morning Australian time the IMF chief, Christine Lagarde, told an audience in [...]
Posted on Thursday, 29th December 2011 by Jesse Walker
The Associated Press Published Wednesday, January 4, 2012 Updated Wednesday, January 4, 2012 | | | | tool goes here NEW YORK — Yahoo Inc. may name Scott Thompson, president of eBay Inc.’s PayPal division, as its new CEO, according to a published report. The struggling Internet company has been without a permanent CEO since early September, [...]
Tags: May Name, Name
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Posted on Tuesday, 13th December 2011 by Jesse Walker
Only 10 days before Christmas, electronics and entertainment retailer JB Hi-Fi, once the high-flying market darling for investors, has issued a profit downgrade warning that despite some improvement in sales margins its earnings had worsened. JB Hi-Fi issued a statement to the ASX after the market closed saying that it now expects earnings before interest [...]
Posted on Friday, 9th December 2011 by Jesse Walker
Flood insurance denotes the specific insurance coverage against property loss from flooding. The protection offered by most policy covers losses incurred due to some failure at the home itself. However, Flood insurance indemnifies the insured for the loss of property that occurs specifically due to overflowing water bodies or flood. Flood insurance is specifically needed [...]
Posted on Sunday, 4th December 2011 by Jesse Walker
STEELMAKER Tata has ceased production at its hot strip mill in Newport, in a move that will result in 115 job losses. It said it expected the mill at Llanwern to remain mothballed until the UK economy and steel demand justify a restart. The Indian-owned steel maker said in the meantime the market will be [...]
Tags: Hot Strip, Hot Strip Mill, Mill, Strip Mill
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Posted on Friday, 18th November 2011 by Jesse Walker
“The Ansett administration sets a lamentable precedent for regulation, disclosure and insolvency generally”. Ten years of administration for the failed airline has proven a fees bonanza, but exactly how much no one knows, writes Michael West. Mark Korda was casually non-committal last year when asked how much his insolvency firm had earned from the collapse [...]
Tags: Ansett, Ansett Accounts
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Posted on Wednesday, 9th November 2011 by Jesse Walker
As long as you are paying rent for an accommodation, you can claim tax benefits on the HRA component of your salary, while also availing tax benefits on your home loan. This could be the case if your own home is rented out or you work from another city etc. However, you need to account [...]
Tags: Hra
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Posted on Monday, 31st October 2011 by Jesse Walker
THE impact of business rates on economic growth is to be assessed by an independent review panel set up by Business and Enterprise Minister Edwina Hart. Brian Morgan, professor of entrepreneurship and director of the creative leadership and enterprise centre at Cardiff Metropolitan University (previously Uwic), is to chair the independent working group. Read more…
Tags: Business Rates, Economic Growth, Minister
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Posted on Thursday, 27th October 2011 by Jesse Walker
PHILADELPHIA — The unusually early snowstorm bringing heavy, wet snow to the East Coast has knocked out power to more than 1.7 million customers. More than 540,000 people are without power in New Jersey, including Gov. Chris Christie, who declared a state of emergency Saturday. Two hospitals that lost power are operating on generators. Utilities [...]
Tags: East Coast, Snowstorm
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Posted on Tuesday, 18th October 2011 by Jesse Walker
Rupert Murdoch. Rupert Murdoch has thwarted attempts by dissident shareholders to remove him as chairman of News Corporation, the company he has headed for more than five decades. All 15 directors, including Mr Murdoch and his sons, Lachlan and James, were believed to have been re-elected in a shareholder vote, but not before they came [...]
Tags: Murdoch, Murdoch Survives
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